Acquisitions · Medical foods
Ajinomoto buys Massachusetts medical food maker Cambrooke Therapeutics
- Buyer
- Ajinomoto (Tokyo)
- Target
- Cambrooke Therapeutics, Ayer, Massachusetts
- Value
- About ¥7.2B
- Status
- Completed in 2017.
- Date
- 2017-11-09
Ajinomoto bought Cambrooke Therapeutics of Ayer, Massachusetts, which makes medical foods for people with rare metabolic disorders and other conditions. The price was about ¥7.2 billion.
Why it matters
The deal links Ajinomoto's amino acid know-how with a US medical nutrition business serving patients with special diets.
Sources
Kakehashi M&A News home